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Girija Subramanian takes over as CMD of New India Assurance
Girija Subramanian, CMD, New India Assurance This is also for the...
Zurich acquires 70% of Kotak General Insurance
The acquisition of Kotak General Insurance sets the way forward for...
Chubb makes leadership changes in Asia Pacific
Edward Ler, currently Country President for Chubb’s general insurance business in Korea, has been appointed to the position of Head of Southeast Asia. Ler will be responsible for the general management and business results in the six countries of Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. He replaces Glen Browne, who was recently appointed as Division President – Consumer Lines, Asia Pacific
World needs $8.1 trillion of investment of by 2050 to combat climate, biodiversity and land degradation crises:UN
Inger Andersen, Executive Director of the UN Environment Programme (UNEP), said biodiversity loss is already costing the global economy 10 percent of its output each year.
Although investing in nature supports the health of all beings, improves the quality of life, and creates jobs, it accounts for just 2.5 per cent of projected economic stimulus spending in the wake of the pandemic. Therefore, private capital will have to be increased to close the investment gap.
ExxonMobil, Chevron investors vote for more action on climate change
The dual decisions at the two biggest US oil giants’ annual meetings are clear evidence that addressing climate change has moved from being an environmentalist cause to one championed by mainstream investors.
India reports 2,11,298 COVID-19 cases, 3,847 deaths
The 3,847 new fatalities include 992 from Maharashtra, 530 from Karnataka, 475 from Tamil Nadu, 193 from Uttar Pradesh, 185 from Punjab, 153 from West Bengal, 151 from Kerala, 130 from Delhi, 107 from Rajasthan and 106 from Haryana.
Australian court says mine approvals must consider climate harm
“We understand it is the first time a court of law, anywhere in the world, has ordered a government to specifically protect young people from the catastrophic harms of climate change,” she said.
World now likely to hit watershed 1.5 °C rise in next five years, warns UN weather agency
“These are more than just statistics”, said WMO Secretary-General Petteri Taalas. “Increasing temperatures mean more melting ice, higher sea levels, more heatwaves and other extreme weather, and greater impacts on food security, health, the environment and sustainable development,” he said.
Digitalisation needed for smooth international air travel restart: IATA
“Without an automated solution for COVID-19 checks, we can see the potential for significant airport disruptions on the horizon. Already, average passenger processing and waiting times have doubled from what they were pre-crisis during peak time — reaching an unacceptable three hours,” said Willie Walsh, IATA’s Director General. “And that is with many airports deploying pre-crisis level staffing for a small fraction of pre-crisis volumes. Nobody will tolerate waiting hours at check-in or for border formalities,” he said.
India scraps local trials for COVID shots to fast-track imports as it battles second wave
Just about 3% of the country’s 1.3 billion people have been fully vaccinated, the lowest rate among the 10 countries with the most COVID-19 cases. Officials have said that 98% of the population remains susceptible to infection.
HC seeks to know steps BMC is taking to tackle rising COVID-19 cases among kids
The bench, which was hearing a bunch of public interest litigations seeking proper management of issues related to the COVID-19 pandemic, asked if the BMC had also made arrangements for the safety of the caregivers or parents accompanying such children.
”Yes, we make safety arrangements for the parents or caregivers to stay in the hospital with the children whenever required. They (parents/caregivers) will also need to be vaccinated,” Sakhre said.
What we know about the Indian variant as coronavirus sweeps South Asia
The WHO has said early studies suggest some loss of vaccines’ neutralisation capacity against the variant, but it is not clear if this translates into decreased vaccine efficacy. “We don’t have anything to suggest that our diagnostics, our therapeutics and our vaccines don’t work. This is important,” said Van Kerkhove at WHO.